ning Time: 1 hour, 22 minutes, 19 seconds. tion Completion Status: 11 12 2 3 4 5 6 7 8 9 10 ZIS MUIS TOTE CON Tesponses 13 14 15 16 17 18 KOT Question on stion 8 10 points Save As 3. A tech firm is considering a capital expenditure project that will involve purchasing new equipment costing $15,000, with an additional $2.000 charge for delivery Installation of the equipment is expected to be $1,200. The equipment has an expected life of years and an estimated salvage value of $8,000. The proposed project will require an additional working capital investment of $2,000. Revenues for the project are forecasted to be $19.000 per year and cash expenses are expected to be $8,000 The firm has a 35% marginal tax rate and has a 15% weighted average cost of capital (WACC), Calculate the initial Cash Outlay for the proposed project $20,200 $31,200 $10,200 $28,200 None of the listed items is correct Moving to another question will save this response Question 8 of 18 Close Window